Why Marketplaces Fail
“By 2023, 15% of medium-to high-gross-merchandise-value digital commerce organizations will have deployed their own marketplaces, thereby creating an entirely new digital ecosystem.”
It’s no secret; a Marketplace is a Competitive Growth Strategy. Millions of buyers across the globe are now racing to global e-commerce marketplaces, and the world is frantic to eliminate the need for all those extra channels.
Get on the bandwagon – ah, but there is that failure thing.
In the last 20 years, the Harvard Business Review identified 43 successful platforms, but at that same time, 209 platforms failed, mostly due to lack of knowledge.
So, is there a secret sauce for success? We think so.
Why Marketplace Integration?
Our Marketplace expertise blended with unique, in-depth research maximizes your store’s visibility by implementing Marketplace integration, seamlessly expanding your store into a multi-vendor e-commerce business with simplified data management.
Seamless Integration
Custom integrations supporting multiple payment solutions, GTM, and more
More Revenue
Digital storefront attracts new customers with lead generation tactics and commission like recurring streams
Unified Commerce
With a single destination, customers can easily purchase at anytime from anywhere
Global Customers
Opportunity to sell to millions of customers worldwide with ease
Automated Product Management
Presence of growth accelerators like auto-approval & product and order management
Hassle-free Management
Open-source platform with access to flexible themes and infinite catalog additions
Seamless Integration
Custom integrations supporting multiple payment solutions, GTM, and more
More Revenue
Digital storefront attracts new customers with lead generation tactics and commission like recurring streams
Unified Commerce
With a single destination, customers can easily purchase at anytime from anywhere
Global Customers
Opportunity to sell to millions of customers worldwide with ease
Automated Product Management
Presence of growth accelerators like auto-approval & product and order management
Hassle-free Management
Open-source platform with access to flexible themes and infinite catalog additions
Marketplace Services
Power Through Our Partnerships
Total Economic Impact Study Finds Mirakl Marketplace Platform Can Deliver 162% ROI
Mirakl Marketplace has a comprehensive SaaS platform model that revolutionizes both B2B and B2C businesses. Mirakl has a 4-month average customer go-live time and 37 new marketplaces launched in just 12 months and 110% YoY Growth rate achieved by customers in 2020.
Marketplacer now powers over 50 marketplaces, in 11 countries and has over 10,000 connected businesses across the globe
Set your digital stage with a full-stack or headless solution from Marketplacer to leverage high sales and grow your business rapidly. Marketplacer offers a plug-and-play SaaS solution that facilitates the capability to create successful Marketplaces for products and services.
VTEX Commerce Cloud is a unified platform with built-in B2C, B2B Commerce, Marketplace, and OMS capabilities.
It also allows organizations to future-proof their businesses and free them from software updates. Leverage a network of established sellers and expand your business globally. Read More
Technology Features
Integrations
Why Royal Cyber?
Evolve your e-commerce platform to a Marketplace with advanced functionalities ensuring high-performance operations
Case Studies
Integration of SaaS-enabled Marketplace into Omni-channel Sales Model
A Mexico based leading retail chain & E-commerce retailer wants to expand client’s omni-channel reach by implementing a Marketplace model on their website.
Royal Cyber performed continuous synchronization of catalog data, seller info, products, offers & promotions from different sellers between Mirakl and client’s server resulting in new market acquisition and increased revenue.
Custom Integration in just 20 Weeks
A U.S Healthcare improvement company with approx. 4,100 hospitals were looking for B2B Quotation integration on the WCS platform.
Royal Cyber performed messaging and quotation integration by building a Middleware integration bridge between Mirakl and WCS, integrated a mobile app for sales representatives, and built a tax exemption integration pathway for a flexible B2B Quote functionality and payment gateway.
20 weeks
To Custom Integration
16 weeks
UI enhancement
12 weeks
Tax exemption flow
